There are so many debt settlement companies but choosing the best one is seriously very tough.
If you need the best debt settlement company you are probably asking yourself that how do i chose the best debt settlement company?
You ask some questions yourself and if you get a satisfactory answer from your questions then you chose the company.
1. Does the Company charge any fees prior to reducing your debt?
It is very important question to chose the best debt settlement company. Your first choice should be a true debt settlement company that has $0 fees until we reduce your credit card debt.
2. How does the Debt Settlement Company Charge its fee?
Most debt settlement companies charge you a flat fee of the debt amount you enroll. For example, a 20%flat fee works like this:
Your Original Debt $10,000.
Service Fee: 20% (10,000 x .20)
=$2,000 Total Fee
If like in the above example your debt is settled for $8,000 and you add the $2,000 fee, you didn't really save much.
3. Are There Any Monthly Fees or "Maintenance Fees"?
No Fees Prior to Settlement means No Fees Prior to Settlement. End of story.
4. Did the Company Explain How the Program Works and Consultant You On All Your Options?
Before enrolling into a Debt Settlement Program, consumers should be fully aware of how a debt settlement program works.
5.Are You Dealing With A Full Service Debt Settlement Company?
A Full Service Debt Settlement Company will handle all aspects of your file from consulting, to negotiating and client support. However, a huge majority of companies are merely signing up clients and then sending it over to a completely different company who handles the negotiations and customer service.
Take this questions and chose the best debt settlement company.
Related Q&A：
How do you chose debt settlement company？Well, choosing a debt settlement company can be a tricky thing. First off, you gotta do some research. Check out online reviews and see what other people are saying about different companies. Make sure they have a good reputation and are licensed and regulated. You also want to talk to them and see how they communicate. Are they clear and upfront about their fees and the process? Oh, and don't forget to ask about their success rate. That can give you a good idea of how effective they might be in helping you get out of debt. It's important to take your time and make an informed decision.
